Management Guru Peter Drucker first described MBO more than half a century ago. It is not part of most business school curricula, and even rarer in contemporary business practice.
There is no compelling argument for MBO to have fallen out of fashion. It is effective, and does not require large cash outlays.
MBO is a standard for business and the poor. It suits small stock investors, business enterprises that cannot afford expensive executives or consultants, and everyone who wishes to create commercial value out of intangibles.
MBO benefits transcend profits. All organizations and individuals can deploy MBO skills for improved performance. MBO levels the playing field for the Davids of this world. You can trade against private equity in a stock exchange with MBO by your side.
MBO transforms self and thinking. It can make you a social outcast. Why is this? MBO is like a language or a script. People who do not use MBO feel threatened by a skill that they lack. This may be a reason for the decline of MBO in the business world. It is not any established way of playing the stock market either.
You can use MBO to stand apart. It may not help with your popularity, but it certainly can improve your stock portfolio.
We will start a new series tomorrow, applying MBO step-by-step to stock investing strategy implementation.
Your posts and mails to StockWay.MyView@gmail.com are always welcome, and you are assured of responses as well.
Thursday, June 19, 2008
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